I hope you have experienced enough of life to realize that just because someone goes to an IVY league school and authors books doesn’t mean they can’t be swayed to do the wrong thing.
Benny and the boys have to do what’s best for WALL STREET and the elections….they are puppets that are ignoring the facts of INFLATION present at very high levels. They rig the CPI and don’t keep track of all the money they print….
Do you keep track of your money Sharma? You know SMART people that write books and stuff should do that right?
Would you be happy if your wife didn’t keep track of spent money?
I know a lot of “HIGHLY EDUCATED” people that do the wrong things when they know what the right (educated) thing is to do in a situation.
I bet your going to tell me Greenspan is a smart guy to and just wrote a book about how HE WASN’T AWARE THAT THE SUBPRIME MARKET WAS THAT BAD? and that EVERYONE SHOULD GET INTO SHORT TERM ARMS…..amongst other stupid suggestions….yea…that education really paid off….
I would venture to say that many people on this site know as much about economic policy and various theories as the clowns at the FED without an education from Princeton.
